Common use of Treatment of Stock Options and Other Equity Awards Upon a Change of Control Clause in Contracts

Treatment of Stock Options and Other Equity Awards Upon a Change of Control. In the event of a Change of Control and regardless of whether Employee’s employment with the Company is terminated in connection with the Change in Control, the vesting of each stock option and other equity award to purchase the Company’s Common Stock granted to Employee over the course of his employment with the Company and held by Employee on the effective date of a Change of Control shall accelerate such that 50% of the aggregate number of unvested option shares and other equity awards shall become immediately vested immediately prior to the effective date of the Change of Control, with the vesting acceleration applied with respect to each outstanding option or equity award in the order in which the award was granted. Each such option and equity award shall be exercisable in accordance with the provisions of the agreement and plan pursuant to which such option or award was granted.

Treatment of Stock Options and Other Equity Awards Upon a Change of Control. In the event of a Change of Control and regardless of whether Employee’s employment with the Company is terminated in connection with the Change in Control, the vesting of each stock option and other equity award to purchase the Company’s Common Stock granted to Employee over the course of his her employment with the Company and held by Employee on the effective date of a Change of Control shall accelerate such that 50% of the aggregate number of unvested option shares and other equity awards shall become immediately vested immediately prior to the effective date of the Change of Control, with the vesting acceleration applied with respect to each outstanding option or equity award in the order in which the award was granted. Each such option and equity award shall be exercisable in accordance with the provisions of the agreement and plan pursuant to which such option or award was granted.

Treatment of Stock Options and Other Equity Awards Upon a Change of Control. In the event of a Change of Control and regardless of whether Employee’s employment with the Company is terminated in connection with the Change in Control, the vesting of each stock option and other equity award to purchase the Company’s Common Stock granted to Employee over the course of his employment with the Company and held by Employee on the effective date of a Change of Control shall accelerate such that 5075% of the aggregate number of unvested option shares and other equity awards shall become immediately vested immediately prior to the effective date of the Change of Control, with the vesting acceleration applied with respect to each outstanding option or equity award in the order in which the award was granted. Each such option and equity award shall be exercisable in accordance with the provisions of the agreement and plan pursuant to which such option or award was granted.